Market Statistics for Fremont and Newark, Ca. 10-27-11
Fremont and Newark real estate prices and statistics tend to track fairly closely. Fremont is a much larger city with a population that is approximately 6 times the population of Newark. I think that you can gather the size disparity from the number of listings in the respective cities posted below. Newark and Fremont real estate is also not comparable in all price ranges. Newark does not possess the above million dollar homes that can be found in Fremont. Prior to the real estate bubble bursting you could pay over a million dollars for a Newark home but no longer. Both cities have suffered from substantial real estate price declines but not to the extent of some other Alameda County cities.
I will continue to follow the statistics in Fremont and Newark, and in other Alameda County cities, and post my findings.